This type of an option allows you to gain profit from predicting a fall in price within two specific time periods during the day. The payout ratio for this type of option is fixed at 1.80. In case of a gain, the net profit is 80% of the invested funds.
Example:
You predict that USD/CHF will fall between 12:30 and 12:40, and you purchase an intraday put option worth 300 USD. If the USD/CHF rate moves lower at 12:40 compared to 12:30, you will receive a gain of 300*1.80=540 USD, while your net profit will be 540-300=240 USD.
